Legal Practitioners to Pay an Administrative Fee for the Late Submission of Auditor’s Reports

Overview

Please be advised that as from 1 January 2021 the Legal Practice Council will introduce an Administrative Fee of R1 000,00 for the late submission of Auditor’s Reports. The Administrative Fee will be raised in terms of Rule 6 of the Rules promulgated under Sections 95(1), 95(3) and 109(2) of the Legal Practice Act (“LPA”).
AuthorLegal Practice Council
DivisionAudit and Assurance
Keywords
Late submission fee
Audit of Legal Practitioners’ Trust Accounts
Categories
Audit of Legal Practitioners’ Trust Accounts
Date28 September 2020
File